Sembcorp's Renewables Unit Secures 300 MW Solar Project with India's NHPC

 

 

Singapore-based Sembcorp Industries announced that its renewable energy unit has secured a 300 MW solar project with India's National Hydroelectric Power Corporation (NHPC). The project is expected to be commissioned by 2023 and will be located in the western state of Rajasthan.

 

This partnership between Sembcorp and NHPC reflects the growing importance of renewable energy in India. The Indian government has set ambitious targets to increase the country's renewable energy capacity, aiming for 450 GW by 2030. The solar project with NHPC brings Sembcorp one step closer to achieving its goal of expanding its renewables portfolio in India.

 

Moreover, the project aligns with Sembcorp's strategy to increase its presence in the emerging markets and contribute to the global transition towards cleaner energy sources. The company has been actively exploring opportunities in solar and wind power, seeking to capitalize on the increasing demand for clean energy solutions.

 

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